Nonprofit · EIN 58-1763512
CARNIVAL EDUCATIONAL FUND INC
Tax-exempt · MEMPHIS, TN 38117
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $659,236 | $634,771 | $24,465 | $384,240 | $112,687 | $271,553 |
| July 31, 2024 | 990 | $625,857 | $608,902 | $16,955 | $414,957 | $167,869 | $247,088 |
| July 31, 2023 | 990 | $580,952 | $566,570 | $14,382 | $338,923 | $108,816 | $230,107 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $215,277
- Program service revenue
- $437,672
- Investment income
- $6,287
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $91,659
- Salaries, compensation and benefits (total)
- $107,450
- Professional fundraising fees
- $0
- Accounting fees
- $7,000
- Occupancy
- $9,317
- Depreciation
- $1,510
- Program services (functional)
- $532,050
- Management and general (functional)
- $102,721
Balance sheet and other
- Total assets, start of year
- $414,957
- Total assets, end of year
- $384,240
- Total liabilities, end of year
- $112,687
- Net assets, end of year
- $271,553
- Land, buildings and equipment
- $3,149
- Net assets without donor restrictions
- $271,553
- Gross receipts
- $659,236
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1999
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ED GALFSKY | TREASURER/EXECUTIVE DIRECTOR Trustee or director, Officer | 5 | $0 | $160,938 |
| JENNIE ROBBINS | PRESIDENT Trustee or director, Officer | 0 | $0 | $0 |
| NEELY MALLORY IV | DIRECTOR Trustee or director | 0 | $0 | $0 |
| CHASE CARLISLE | DIRECTOR Trustee or director | 0 | $0 | $0 |
| CURT GRIFFIN | DIRECTOR Trustee or director | 0 | $0 | $0 |
| DOUG WEISSINGER | SECRETARY Trustee or director, Officer | 0 | $0 | $0 |
| CHIP CAMPBELL | CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 |
990 for the year ended July 31, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ED GALFSKY | EXECUTIVE DIRECTOR Trustee or director, Officer | 5 | $0 | $151,000 |
| DOUG WEISSINGER | GENERAL COUNSEL Trustee or director, Officer | 0 | $0 | $0 |
| CURT GRIFFIN | TREASURER Trustee or director, Officer | 0 | $0 | $0 |
| RICHY ROBERTS | CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 |
| CHIP CAMPBELL | PRESIDENT Trustee or director, Officer | 0 | $0 | $0 |
| JENNIE ROBBINS | FIRST VICE PRESIDENT Trustee or director, Officer | 0 | $0 | $0 |
| NEELY MALLORY IV | SECOND VICE PRESIDENT Trustee or director, Officer | 0 | $0 | $0 |
990 for the year ended July 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ED GALFSKY | EXECUTIVE DIRECTOR Trustee or director, Officer | 5 | $0 |
| CHRIS TUTOR | GENERAL COUNSEL Trustee or director, Officer | 0 | $0 |
| KATHERINE DOBBS | CHAIRMAN Trustee or director, Officer | 0 | $0 |
| CURT GRIFFIN | TREASURER Trustee or director, Officer | 0 | $0 |
| RICHY ROBERTS | PRESIDENT Trustee or director, Officer | 0 | $0 |
| CHIP CAMPBELL | FIRST VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| JENNIE ROBBINS | SECOND VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 4735 SPOTTSWOOD AVE STE 103, MEMPHIS, TN 38117-4840
- Principal officer (990 for 2024)
- ED GALFSKY, 4735 SPOTTSWOOD AVENUE SUITE 103, MEMPHIS, TN 38117
- Signed the 990
- ED GALFSKY, EXECUTIVE DIRECTOR
- Phone
- (901) 458-2500
- Return prepared by
- THE MARSTON GROUP PLC
Mission
ASSISTING THOSE WHO IMPROVE THE QUALITY OF LIFE FOR CHILDREN OF ALL ETHNIC AND SOCIAL BACKGROUNDS IN MEMPHIS AND THE MID-SOUTH, AND TO SPREAD THE SPIRIT OF CARNIVAL THROUGHOUT THE COMMUNITY. EACH YEAR, DIFFERENT AGENCIES ARE SELECTED TO RECEIVE MONIES RAISED BY CARNIVAL AND THE GRAND KREWES OF CARNIVAL MEMPHIS AT VARIOUS FUNDRAISERS THROUGHOUT THE YEAR.
Program accomplishments
- CHILDREN'S CHARITY INITIATIVE: DIFFERENT AGENCIES ARE SELECTED TO RECEIVE MONIES RAISED BY CARNIVAL AND THE GRAND KREWES OF CARNIVAL MEMPHIS AT VARIOUS FUNDRAISERS THROUGHOUT THE YEAR.Expenses $532,050 · revenue $437,672
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 58-1763512
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1988
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20J)
- Assets (IRS master file)
- $384,240
- Income (IRS master file)
- $659,236
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $659,236 | $634,771 | $384,240 | XML |
| 990 | July 2024 | $625,857 | $608,902 | $414,957 | XML |
| 990 | July 2023 | $580,952 | $566,570 | $338,923 | XML |
| 990 | July 2022 | $1,001,340 | $1,013,776 | $314,939 | IRS |
| 990-EZ | July 2021 | – | – | – | IRS |
| 990-EZ | July 2020 | – | – | – | IRS |
| 990 | July 2019 | – | – | – | IRS |
| 990 | July 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1763512).
Questions about CARNIVAL EDUCATIONAL FUND INC
- What is the EIN of CARNIVAL EDUCATIONAL FUND INC?
- The employer identification number (EIN) of CARNIVAL EDUCATIONAL FUND INC is 58-1763512.
- Is CARNIVAL EDUCATIONAL FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to CARNIVAL EDUCATIONAL FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CARNIVAL EDUCATIONAL FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CARNIVAL EDUCATIONAL FUND INC due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CARNIVAL EDUCATIONAL FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of CARNIVAL EDUCATIONAL FUND INC?
- The 990 for the year ended July 31, 2025 names ED GALFSKY.
- Who are the officers and directors of CARNIVAL EDUCATIONAL FUND INC?
- The 990 for the year ended July 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does CARNIVAL EDUCATIONAL FUND INC have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $659,236, expenses of $634,771 and total assets of $384,240 at year end.
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